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Listed by Christian Walsh • Berkshire Hathaway HomeServices California Properties
$ 9,499,000
Est. payment /mo
Active Under Contract
313 East 17th Street Costa Mesa, CA 92627
18,355 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 18,355 sqft
Price per Sqft $517
Subdivision Eastside Central
MLS Listing ID PW-25090611
Year Built 1961
Lot Size 0.583 Acres
Property Sub-Type Apartment
Property Description
Split between 313 and 325 E. 17th Place, (12 and 10 units, respectively) these two contiguous parcels with separate APNs hold six 1-bed/1-bath and sixteen 2-bed/1-bath units. There are 22 units laid out in a classic two-story garden-style format with central courtyards. It's the kind of property people point at and say, "WOW, that's your building?" Yeah. That one. This 22 unit gem is tucked just behind the electric pulse of OC's "it place" -- 17th Street, in the heart of Eastside Costa Mesa, where coastal chill meets creative grit. This neighborhood doesn't just check boxes -- it defines lifestyle. It's a place where surfboards share garage space with stylish startups -- and where renters NEED to stay. You're minutes from Newport Beach, a quick shot to South Coast Plaza or Fashion Island, but the real draw is right here: the magnetic energy of the Eastside. For multifamily investors, this isn't an up-and-comer -- it's a fully-arrived market that's only headed in one direction: up. 80% of the units have been updated with modern finishes and LVP flooring, while the infrastructure holds strong: copper plumbing repipe, roof replaced within the last ~10 years, termite tented ~5 years ago, individual water heaters, and separate gas/electric meters. Parking includes 8 garages and 10 additional spaces -- a serious edge in a neighborhood that's always buzzing. This is a cashflowing asset with curb appeal, street cred, and upside -- a pride-of-ownership property that savvy investors want in their portfolio, not just for returns, but for reputation.
Location
State CA
County Orange
Area C5 - East Costa Mesa
Interior
Fireplaces Type None
Laundry Community, Individual Room
Exterior
Parking Features Garage, Assigned
Garage Spaces 8.0
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description Lot 10000-19999 Sqft
Sewer Public Sewer
Others
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